Capital Insight Partners LLC Buys New Stake in Ultrapar Participacoes SA (UGP)

Capital Insight Partners LLC bought a new position in shares of Ultrapar Participacoes SA (NYSE:UGP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 56,113 shares of the oil and gas company’s stock, valued at approximately $1,275,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. bought a new stake in Ultrapar Participacoes in the third quarter valued at about $1,865,000. SG Americas Securities LLC increased its holdings in Ultrapar Participacoes by 45.2% in the third quarter. SG Americas Securities LLC now owns 71,226 shares of the oil and gas company’s stock valued at $1,697,000 after buying an additional 22,175 shares during the last quarter. Janus Henderson Group PLC bought a new stake in Ultrapar Participacoes in the second quarter valued at about $522,000. State Street Corp increased its holdings in Ultrapar Participacoes by 3.7% in the second quarter. State Street Corp now owns 962,753 shares of the oil and gas company’s stock valued at $22,652,000 after buying an additional 34,776 shares during the last quarter. Finally, Timber Hill LLC bought a new stake in Ultrapar Participacoes in the third quarter valued at about $379,000. 4.38% of the stock is currently owned by institutional investors and hedge funds.

Shares of Ultrapar Participacoes SA (NYSE:UGP) traded up $0.07 during mid-day trading on Friday, reaching $24.05. The company’s stock had a trading volume of 600,756 shares, compared to its average volume of 435,089. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.98 and a current ratio of 2.51. Ultrapar Participacoes SA has a 12 month low of $20.09 and a 12 month high of $25.39. The firm has a market capitalization of $13,270.00, a P/E ratio of 26.43 and a beta of 1.05.

Separately, Zacks Investment Research reissued a “buy” rating and issued a $25.00 price objective on shares of Ultrapar Participacoes in a report on Saturday, January 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $25.00.

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About Ultrapar Participacoes

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Institutional Ownership by Quarter for Ultrapar Participacoes (NYSE:UGP)

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